In Q2, Netflix added 8.05 million net paid customers in Q2, bringing its global base to 277.65 million. For the July-September quarter, the company reported revenue of $9.56 billion (up 17%) and net income of $2.15 billion (versus $1.49 billion a year ago), translating to earnings per share of $4.88.

Netflix NFLX reported third-quarter 2024 earnings of $5.40 per share, which beat the Zacks Consensus Estimate by 6.09%. The figure jumped 44.8% from the year-ago quarter. Revenues of $9.82 billion increased 15% year over year and beat the consensus mark by 0.

Netflix clocked 5.1 million new streaming subscribers in the third quarter, and said it expected higher customer growth around the holidays when Korean drama "Squid Game" returns. Shares rose 3% in after-hours trading on Thursday, having closed the regular trading session at $687.65, down 2%.

Netflix reported its third-quarter earnings Thursday, adding 5 million subscribers as its status as subscription streaming TV’s dominant platform remains unchallenged.

Going forward, Netflix has forecast full-year revenues to rise by 15% year-over-year, thus reaching the upper limit of the guided range. The common is up over 41% year to date through Thursday's close; the shares edged up more than 4% in after-market trading after the earnings report.

Media analysts expected Netflix to add somewhere between 3.9 million and 4.5 million global paid subscribers over the past three months. While Netflix didn’t blow that number away as it has in recent quarters,

Netflix plans to stop disclosing quarterly subscriber features in 2025 and instead focus on reporting financial metrics. Netflix hits like Emily in Paris , Cobra Kai and Outer Banks were originally scheduled for earlier in 2024 but have seen later release dates due to the 2023 actors’ and writers’ strikes Sarandos,

The number of global subscribers paying for Netflix rose to 282.72 million, up 2 percent on a year-over basis. This article, Netflix adds 5 million global subscribers during Q3, was first published at The Desk.